Burger King 2009 Annual Report Download - page 77

Table of Contents
BURGER KING HOLDINGS, INC. AND SUBSIDIARIES
Consolidated Statements of Stockholders’ Equity and Comprehensive Income
Issued
Issued Common Restricted Additional Accumulated Other
Common Stock Stock Paid−In Retained Comprehensive Treasury
Stock Shares Amount Units Capital Earnings Income (Loss) Stock Total
(In millions, except per share information)
Balances at June 30, 2006 133.0 $ 1.4 $ 4.6 $ 545.2 $ 3.2 $ 14.6 $ (2.2) $ 566.8
Stock option exercises 2.2 — — 8.2 — — — 8.2
Stock option tax benefits — — — 13.5 — — — 13.5
Stock−based compensation — — — 4.9 — — — 4.9
Treasury stock purchases — — — — — — (1.6) (1.6)
Issuance of shares upon
settlement of restricted
stock units — — (1.8) 1.8 — — — —
Dividend paid on common
shares ($0.13 per share) — — — — (16.9) — — (16.9)
Comprehensive income:
Net income — — — — 148.1 — — 148.1
Foreign currency translation
adjustment — — — — — (5.4) — (5.4)
Cash flow hedges:
Net change in fair value of
derivatives, net of tax of
$3.4 million — — — — — (5.4) — (5.4)
Amounts reclassified to
earnings during the
period from terminated
swaps, net of tax of
$1.5 million — — — — — (2.5) — (2.5)
Total Comprehensive
income 134.8
Adjustment to initially apply
SFAS No 158, net of tax of
$3.7 million — — — — — 6.2 — 6.2
Balances at June 30, 2007 135.2 $ 1.4 $ 2.8 $ 573.6 $ 134.4 $ 7.5 $ (3.8) $ 715.9
Stock option exercises 1.2 — — 3.8 — — — 3.8
Stock option tax benefits — — — 9.3 — — — 9.3
Stock−based compensation — — — 11.4 — — — 11.4
Treasury stock purchases (1.4) — — — — — (35.4) (35.4)
Issuance of shares upon
settlement of restricted
stock units — — (2.8) 2.8 — — — —
Dividend paid on common
shares ($0.25 per share) — — — — (34.2) — — (34.2)
Comprehensive income:
Net income — — — — 189.6 — — 189.6
Foreign currency translation
adjustment — — — — — (1.7) — (1.7)
Cash flow hedges:
Net change in fair value of
derivatives, net of tax of
$3.9 million — — — — — (6.4) — (6.4)
Amounts reclassified to
earnings during the
period from terminated
swaps, net of tax of
$1.1 million — — — — — (1.3) — (1.3)
Pension and
post−retirement benefit
plans, net of tax of
$4.5 million — — — — — (6.5) — (6.5)
Total Comprehensive
income 173.7
Balances at June 30, 2008 135.0 $ 1.4 $ — $ 600.9 $ 289.8 $ (8.4) $ (39.2) $ 844.5
Stock option exercises 0.6 — — 3.0 — — — 3.0
Stock option tax benefits — — — 3.3 — — — 3.3
Stock−based compensation — — — 16.2 — — — 16.2
Treasury stock purchases (0.8) — — — — — (20.3) (20.3)
Dividend paid on common
shares ($0.25 per share) — — — — (34.1) — — (34.1)
Comprehensive income:
Net income — — — — 200.1 — — 200.1
Foreign currency translation
adjustment — — — — — (6.0) — (6.0)
Cash flow hedges:
Net change in fair value
of derivatives, net of
tax of $10.6 million — — — — — (16.8) — (16.8)
Amounts reclassified to
earnings during the
period from terminated
swaps, net of tax of
$0.4 million — — — — — (0.9) — (0.9)
Pension and
post−retirement benefit
plans, net of tax of
$9.2 million — — — — — (13.8) — (13.8)
Total Comprehensive
income — — — — — — — 162.6
— — — — (0.4) — — (0.4)